15 Guam Code Ann. § 2559
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Terms Used In 15 Guam Code Ann. § 2559
- Decedent: A deceased person.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Probate: Proving a will
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
en a judgment has been entered against the decedent, no execution shall issue thereon after the decedent’s death, except as provided in the Code of Civil Procedure. A judgment against the dece- dent for the recovery of money must be filed or presented in the same manner as other claims. If execution is actually levied upon the property of the decedent before the decedent’s death, the same may be sold for the satisfaction thereof; and the officer making the sale must account to the personal representative for any surplus in his hands. A judgment creditor having a judgment which was rendered against the decedent in the decedent’s lifetime may redeem any real property of the decedent from any sale under foreclosure or execution, in like manner and with like effect as if the judgment debtor were still living.
SOURCE: Probate Code of Guam (1970), § 732.